• Mon. Jun 5th, 2023

Chilean soccer league seems to be to promote stake in media rights enterprise, says report


May 25, 2023
  • ANFP reportedly on the lookout for high-profile investor that specialises in ‘know-how innovation’
  • League goals to observe steps taken by LaLiga and Ligue 1

Chile’s Asociación Nacional de Fútbol Profesional (ANFP) is on the lookout for an investor to purchase a stake in its media rights enterprise, based on Bloomberg.

The ANFP, which governs the nation’s high two home soccer leagues, reportedly goals to promote a 20 per cent stake of a newly created firm that controls the industrial rights of Primera División de Chile and Primera B. The enterprise will home tv, naming, sponsorship and licensing rights.

The ANFP is purportedly looking for a high-profile investor that may develop new income streams, with an emphasis on know-how innovation.

Ought to the ANFP discover a purchaser, it might signify the newest funding in South American soccer, which has seen a latest surge in monetary backing, significantly in Brazil. A report in November mentioned that the Brazilian Soccer League (Libra) was in talks to promote a stake in its proposed competitors to United Arab Emirates (UAE) funding agency Mubadala Capital. In the meantime, Peru’s Liga 1 bought its media rights final September to company 1190 Sports activities, which is backed by Miami-based funding firm 777 Companions.

The apply of soccer leagues promoting stakes of their media rights companies has turn into more and more frequent in Europe. Notably, personal fairness agency CVC Capital Companions has acquired stakes within the industrial subsidiaries of France’s Ligue 1 and Spain’s LaLiga.

This won’t occur in Germany, nonetheless, after golf equipment from the nation’s high two tiers rejected plans to promote a stake within the Bundesliga’s media rights enterprise.

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